Hi @Aaron Raffaelli, you've gotten good advice here as well as some good options.

Exit StrategyResale Planning: Research market trends for optimal selling timing.Long-Term Investment: Consider retaining the property as a rental post-graduation.Marketability: Choose a property with appeal to future students or young professionals.By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.Peter Derry PHD Properties 

This will be the largest bond sale in US history coming up which on top of the debt we are also running as well - if we have so much debt to sell I do not see rates going down, I think they may rise (or stay around where they are at). 

If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%.  

Cash Flow & Value-Add PotentialA well-selected multifamily property could outperform the $2,400/month cash flow you’d get from paying off the townhouse, especially if you find a property with under-market rents or appreciation potential.

The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

He's very active and knows the market quite well.

A Mentor – I am new to the area and hoping to find someone to learn from and help that knows the area well and can guide me in the right direction.2.

Your pictures and write-up are okay, but could definitely be better; the pictures should be light and bright and have better angles to show off the home, especially the kitchen, and having clutter from a previous tenant in some of the pictures is not ideal, as well at the back yard should be picked up and neat for the picture.